The house price to rent ratio in Greece has increased quarter-on-quarter since 2017, reaching the highest index value on record in 2024. In the second quarter of the year, the index value amounted to 161.1. The house price to rent ratio is calculated by dividing nominal house prices by rent prices, with 2015 chosen as a base year when the index stood at 100. An index value of 130 means that house prices have increased by 30 percent more than rents since 2015. Greece's index was higher than the OECD average house price to rent ratio.
House price to rent ratio in Greece from 1st quarter 2015 to 3rd quarter 2024
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OECD. (November 29, 2024). House price to rent ratio in Greece from 1st quarter 2015 to 3rd quarter 2024 [Graph]. In Statista. Retrieved March 27, 2025, from https://www.statista.com/statistics/592267/house-price-to-rent-ratio-greece/?__sso_cookie_checker=failed
OECD. "House price to rent ratio in Greece from 1st quarter 2015 to 3rd quarter 2024." Chart. November 29, 2024. Statista. Accessed March 27, 2025. https://www.statista.com/statistics/592267/house-price-to-rent-ratio-greece/?__sso_cookie_checker=failed
OECD. (2024). House price to rent ratio in Greece from 1st quarter 2015 to 3rd quarter 2024. Statista. Statista Inc.. Accessed: March 27, 2025. https://www.statista.com/statistics/592267/house-price-to-rent-ratio-greece/?__sso_cookie_checker=failed
OECD. "House Price to Rent Ratio in Greece from 1st Quarter 2015 to 3rd Quarter 2024." Statista, Statista Inc., 29 Nov 2024, https://www.statista.com/statistics/592267/house-price-to-rent-ratio-greece/?__sso_cookie_checker=failed
OECD, House price to rent ratio in Greece from 1st quarter 2015 to 3rd quarter 2024 Statista, https://www.statista.com/statistics/592267/house-price-to-rent-ratio-greece/?__sso_cookie_checker=failed (last visited March 27, 2025)
House price to rent ratio in Greece from 1st quarter 2015 to 3rd quarter 2024 [Graph], OECD, November 29, 2024. [Online]. Available: https://www.statista.com/statistics/592267/house-price-to-rent-ratio-greece/?__sso_cookie_checker=failed